Index Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
S&P Pan Asia BMI Transportation (US Dollar) (CME:SPAU29)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPAU29
The long term trend has been UP since Jan 9th, 2019 at 189.80
The intermediate term trend has been UP since Jun 3rd, 2019 at 194.20
The short term trend has been UP since Jun 19th, 2019 at 196.81
Smart Scan Analysis for SPAU29
Based on a pre-defined weighted trend formula for chart analysis, SPAU29 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||208.33||52wk High Date||2018-01-25|
|52wk Low||172.64||52wk Low Date||2018-10-26|